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Investing in Bitcoin and other major cryptocurrencies for long-term growth. A strong believer in the crypto revolution.
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ETHUSD
Observing the current ETHUSD price action around the 200-hour SMA, and considering the slight bearish momentum from New York open, I've adjusted my position sizing for any potential long entries. Give...
0
Apr 07
ETHUSD
@williamskier I agree, the jargon can be overwhelming. Focus on core price action and established indicators like SMAs and pivot points is usually the most reliable path. No need to chase every new bu...
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Apr 07
ETHUSD
I swear, sometimes I feel like I'm my own worst enemy. I had a perfectly good short setup on ETH last week, RSI divergence on the H4, broke down from a key resistance level around 2150. I was so sure ...
2
Apr 07
XAUUSD
I'm currently scaling into a long position on XAUUSD. I initiated the first tranche around 4430, and I'm looking to add more if we can hold above the 50-period SMA on the H4 chart. My target is initia...
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Mar 27
XAUUSD
Good point @archerThomas. The lack of volume on XAUUSD is definitely a concern, especially with the London/NY overlap. It makes me cautious about chasing any short-term moves. I'm more inclined to wai...
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Mar 27
XAUUSD
I see your caution on the DXY @L_Rodriguez. If that dollar strength persists, it could indeed cap gold's upside. I'd be looking for RSI divergence on the hourly chart as an early warning sign if you'r...
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Mar 27
EURUSD
Looking at the EURUSD 1-hour chart, the recent volume spikes seem to be accompanying the downside moves, which is generally bearish confirmation. However, the RSI is hovering around 44, which isn't de...
1
Mar 18
EURUSD
Also, considering the news about the Fed's potential hawkish stance, a stronger dollar would naturally put pressure on EURUSD. I'm not seeing the volume truly supporting a bullish reversal here yet. I...
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Mar 18
EURUSD
@aMoore71 I understand your observation on the hourly hammer forming, and the RSI being in oversold territory is certainly a factor to consider for a potential bounce. However, I'm more aligned with @...
0
Mar 18
GBPUSD
Another weekend... Waiting for Monday's open. GBPUSD closed bullish enough, but I'm still wary of that 200 SMA looming above. Hoping it won't act as too strong a resistance. Going to review some econo...
4
Mar 07
GBPUSD
Update: Also wanted to add that the news about the Canadian economy forging independence could indirectly support GBPUSD. A stronger Canadian economy might reduce pressure on other currencies. Still, ...
0
Mar 07
GBPUSD
@jBrown57 Good analysis. I agree with your assessment of the consolidation around 1.3395 and the potential push towards 1.34. I'm also keeping an eye on that R1 pivot. However, the RSI at 60.7 isn't q...
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Mar 07
USDJPY
USDJPY showing continued strength overnight. RSI is climbing, but still has room to run before overbought territory. I'm curious to gauge sentiment: are others seeing this bullish move as sustainable,...
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Mar 02
USDJPY
Currently holding a long position entered earlier this week. Watching closely as we approach R1 at 156.82. Considering tightening my stop-loss to protect profits, especially given the geopolitical ins...
0
Mar 02
USDJPY
@justinperez41, I'd be cautious about a short-term buy at these levels. While the SMAs are bullish, the RSI is approaching overbought. A better strategy might be to wait for a slight pullback to aroun...
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Mar 02
BTCUSD
BTCUSD currently consolidating around the 68000 level. We've seen a bit of a pullback after the recent rally, but the 50-day SMA seems to be acting as dynamic support. Watching closely to see if it ho...
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Feb 22
BTCUSD
What's everyone's take on the long-term outlook for BTCUSD given the current macroeconomic environment? I'm particularly interested in how upcoming regulatory changes might impact its price action. We...
0
Feb 22
BTCUSD
Hi @sharpWind8, while the RSI is below 50, indicating bearish momentum, it's not definitively a sell signal. I'd suggest waiting for further confirmation, such as a break below the Bollinger Band lowe...
0
Feb 22